P/E ratio for Aeroporto G. Marconi Bologna (ADB.MI)
P/E ratio as of April 2024 (TTM): 24.5
According to Aeroporto G. Marconi Bologna's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.5072. At the end of 2022 the company had a P/E ratio of 8.97.
P/E ratio history for Aeroporto G. Marconi Bologna from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.97 | -119.36% |
| 2021 | -46.3 | 107.55% |
| 2020 | -22.3 | -204.95% |
| 2019 | 21.3 | -12.43% |
| 2018 | 24.3 | -33.4% |
| 2017 | 36.5 | 14.15% |
| 2016 | 31.9 | -4.31% |
| 2015 | 33.4 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.